JHM Consolidation Berhad announced that it had entered into a Sale and Purchase Agreement with Megaready Industries Sdn Bhd for the purchase of a property in Kedah with a lease for RM20.9 million.
The current leasor has said that it will apply to the state government for an extension till 2059.
JUM belives the acquisition is a strategic move that aligns with its long-term business growth strategy, serving as a critical investment for the Group's expansion. As the group continues to grow, the demand for additional manufacturing space becomes increasingly essential to support its ongoing and future growth efforts.
